Category: BTCZAR

BlackRock & Barclays Share Contrasting Views on Bitcoin (BTC), Institutional Game Gets Tough

As Bitcoin (BTC) price continues to trade at a crucial junction, there’s a mix of views coming from institutions on Bitcoin. On Wednesday, January 20th, the world’s largest asset manager BlackRock filed with the U.S. SEC seeking exposure to bitcoin (BTC). On the other hand, Barclays clearly opposed the Bitcoin adoption among wealthy investor. BlackRock […]

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Bitcoin (BTC) Under Biggest Liquidity Crisis In Years, Selling Onwards Could be Dangerous

After consolidating a while between $35,000-$36,000, Bitcoin (BTC) continues to remain under pressure. Today, BTC has corrected another 3.5% and is trading at $34,567 levels at press time. While retail players might think of booking profits before it falls further, we would like to warn you that whales and institutions could be scooping your supply. […]

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Chinese Govt. Executive Points Out Illegal Overseas Transfer of Assets in Crypto

Xuan Changneng, the dep. director of the state administration for Foreign Exchange recently raised concerns over the illegal transfer of assets overseas via bitcoin as the price of the top cryptocurrency soared to a new all-time high a couple of weeks ago. Important information:Xuan Changneng, deputy director of State Administration of Foreign Exchange, pointing out […]

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Bitcoin Analyst Highlights On-Chain “Signals” For Bulls to Kick-In

Bitcoin analysts are looking at Coinbase outflows and premiums as their immediate signals to predict the short term BTC price movements. Bitcoin price seems to be stuck between $35k-$40k having spent the past couple of weeks sitting between the same range after a massive correction of 10%. Whales Are Depositing Bitcoin on Exchanges The current bitcoin […]

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Bitcoin (BTC) Traders Resolve to Passive HODLing, Dormant BTC Whale Accounts on Rise

While Ethereum (ETH) has hit a new all-time high of $1439 on Tuesday, January 19, Bitcoin (BTC) seems to be strongly consolidating in the range between $35,000-$36,000. Although Bitcoin faces a strong resistance currently around $38,000, on the support side, it is holding well above $35,000. Recent data suggest that HODLing Bitcoin is turning popular […]

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Former IMF Chief Economist Calls Bitcoin (BTC) A Classic Bubble

Just as the Bitcoin (BTC) price scales new heights, a lot of world leaders and economists have started speaking about the world’s third-largest asset class after Gold and Silver. Raghuram Rajan, former IMF Chief Economist (2003-2007) who had correctly predicted the 2008 financial crisis has recently spoken about Bitcoin (BTC). Rajan’s views are something that […]

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Institutional Buying, Grayscale Bitcoin Trust (GBTC) Buys Another 16,000 BTC Worth $590 Million

Amid the recent price volatility in Bitcoin (BTC), investors might be waiting on the sidelines for further correction. However, we might be reaching $40,000 levels once again sooner than expected. As per the data on Bybt.com, the Grayscale Bitcoin Trust (GBTC) has purchased another 16,000 Bitcoin in a single day taking its total BTC holdings […]

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British Fund Manager Ruffer Reinstates Rising Institutional Interst in Bitcoin

Ruffer, a British fund manager in its half-yearly review lauded bitcoin and its growing influence among institutions as its recently revealed portfolio of $730 million in Bitcoin along with its exposure through MicroStrategy and Galaxy Digital has more than doubled since its investment in the top cryptocurrency. The British Fund Manager recently revealed that it […]

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Breaking: Crypto Exchange Livecoin Announces Closure After Failing to Resolve Issues Post Hack

Livecoin, one of the largest Russian exchanges just announced that it will be closing down operations. The official announcement noted that the exchange could not recover from the financial and technical losses incurred due to a hack in December 2020. Thus they have decided to seize their operations and return the remaining funds to their […]

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Losing Bitcoin Keys Doesn’t Happen Anymore Says Galaxy Digital’s Mike Novogratz

Former Goldman Sachs hedge fund manager and CEO of Galaxy Digital – Mike Novogratz – has spoken about the most heated topic in discussion, Bitcoin private keys. Speaking to Yahoo Finance, Novogratz said that losing Bitcoin keys is a thing of the past and it doesn’t happen anymore. ‘No one’s losing bitcoin anymore’: bitcoin bull […]

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